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Mitsui & Co. has agreed to acquire a 40% interest in the Rhodes Ridge Joint Venture from VOC Group Limited and AMB Holdings Pty Ltd. The transactions are subject to regulatory approvals. Rio Tinto retains its 50% interest.
“Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture from Rio Tinto's partners.”riotinto.com
Summarized from public sources; check the original articles before acting on it.